RSS

Calgary Tuscany Real Estate Summary – Q1 2025

In the first quarter of 2025, Tuscany continued to perform as one of NW Calgary’s most desirable suburban communities, with steady activity despite slightly softer sales volume compared to historical averages.

  • Sales: 58 (🔻 6.5% YoY)

  • New Listings: 76 (🔺 1.33% YoY)

  • Sales-to-New-Listings Ratio: 76.32% – indicative of a seller-favored balanced market

  • Average Inventory: 21 units (🔺 88.24%)

  • Months of Supply: 1.10 months (🔺 101.22%)

  • Days on Market: 26 days (🔺 130.21% YoY)

  • Total Residential Benchmark Price: $710,500 (🔺 5.0% YoY)


🏠 Detached Homes

  • Benchmark Price: $795,200 (🔺 7.67% YoY)

  • Median Price: $742,450 (🔺 5.69%)

  • Average Price: $756,452 (🔺 2.15%)

  • Sales: 38 (⚠️ Down from 44 in Q1 2024)

  • Months of Supply: 1.11

💡 Detached homes remain the dominant product in Tuscany, commanding strong prices. Benchmark and median prices continue to grow, showing persistent demand for family homes in this well-established area.

🏘️ Row (Townhomes)

  • Benchmark Price: $476,600 (🔺 7.19% YoY)

  • Median Price: $458,000 (🔻 1.51%)

  • Average Price: $452,945 (🔻 1.41%)

💡 Townhomes saw benchmark price gains, but average prices trended downward, possibly due to sales shifting to more affordable or dated inventory. These homes remain popular with entry-level buyers and investors.

🏢 Apartments

  • Benchmark Price: $421,200 (🔺 1.44% YoY)

  • Activity: Very low, minimal transaction volume reported.

💡 Tuscany's apartment market is limited in size, with few listings and lower buyer activity, though modest price growth indicates stable demand.


💡 Market Insight

  • The rise in inventory and days on market suggests a slower pace than 2024, but Tuscany’s appeal is keeping prices stable or rising across most property types.

  • Homes in the $600,000–$799,999 price range saw the most activity, especially two-storey detached homes with modern updates.

  • Months of supply remains below 2 months, reinforcing Tuscany’s status as a high-demand community.


🏫 Tuscany Community News – Q1 2025

📚 School & Family News

  • Tuscany School (K–4) and Eric Harvie School continued rolling out their outdoor learning programs, with spring nature exploration themes.

  • Twelve Mile Coulee School introduced a STEM Robotics Club in February that quickly gained popularity.

  • Parents councils across all three schools hosted successful “Spring Forward” fundraisers, raising money for library upgrades and wellness programming.

🧒 Youth & Community Life

  • The Tuscany Club hosted the “March Family Fun Day” with over 500 residents attending games, crafts, and skating.

  • The popular “Tuscany Spring Clean-Up” was scheduled for late March, led by local student volunteers earning community hours.

🌼 Looking Ahead

  • Spring brings back community garden registration and outdoor movie nights at Tuscany Club Park.

  • Real estate agents and residents alike anticipate an active Q2, especially as more families aim to move before the school year begins.


🔮 Q2 2025 Outlook

  • Detached market may heat up again as demand climbs for move-in-ready homes.

  • Townhomes expected to regain momentum as interest rates stabilize and buyers seek affordability.

  • Apartments likely to remain quiet but steady.

Tuscany continues to offer strong value and community engagement, making it one of NW Calgary's most stable and family-friendly investment areas.

Read

Tuscany Real Estate Market Summary – January 2025

Market Overview

In January 2025, the Tuscany real estate market saw steady growth, with an 8.0% year-over-year (Y/Y) increase in the total residential benchmark price, reaching $717,000. Sales activity was also on the rise, with 16 total residential sales, marking a 14% Y/Y increase. New listings increased 18% Y/Y, reaching 20 new properties on the market. However, inventory saw a significant rise of 157% Y/Y, indicating a more balanced market.

The sales-to-new listings ratio stood at 0.80, suggesting a shift away from a strong seller’s market. The months of supply increased to 1.13, signaling a slight softening in competition among buyers compared to previous months.

Market Trends by Property Type

  • Detached Homes:

    • The benchmark price reached $802,700, an 11% Y/Y increase.

    • Sales in this segment remained strong, accounting for a significant share of transactions.

    • Inventory levels increased 27% Y/Y, indicating more options for buyers.

  • Semi-Detached Homes:

    • No sales were recorded for this segment in January 2025.

    • Inventory and months of supply remained at zero, likely due to low availability.

  • Row/Townhomes:

    • Sales increased 300% Y/Y, with 4 units sold.

    • The benchmark price reached $469,200, up 9% Y/Y.

    • Inventory remained stable.

  • Apartments:

    • Sales declined 50% Y/Y, with only 2 units sold.

    • The benchmark price was $420,700, up 5% Y/Y.

    • Inventory levels dropped 40% Y/Y, indicating demand remains relatively strong despite lower sales.

2025 Real Estate Outlook

  • Continued Price Growth: Home prices in Tuscany are expected to trend upward in 2025, albeit at a moderated pace compared to the sharp increases seen in previous years.

  • Increased Inventory: The rise in available listings and inventory levels suggests that buyers may have more choices in the coming months, potentially easing competition.

  • Balanced Market Conditions: With sales and new listings increasing, but at a more sustainable rate, the Tuscany market is moving towards a balanced environment.

  • Strong Demand for Detached and Row Homes: While apartment sales saw a dip, the demand for detached and row homes remains high, with steady price appreciation in these segments.

Overall, Tuscany's real estate market in early 2025 reflects a transition toward more stable conditions, with sustained demand for housing and gradual price increases across most property types.

Read

Tuscany Real Estate Market Summary – December 2024

Market Trends

Detached Homes

  • Sales: 6 units (-14% YoY)

  • Benchmark Price: $782,700 (+10% YoY)

  • Inventory: 7 units (+17% YoY)

  • Months of Supply: 1.18 months

Detached homes remained in high demand, with a significant price increase. However, sales dropped slightly compared to last year, likely due to limited inventory.

Semi-Detached Homes

  • Sales: 1 unit (No YoY change)

  • Benchmark Price: Not available

  • Inventory: 0 units (-100% YoY)

Semi-detached homes had minimal market activity, reflecting a lack of available listings.

Row Homes (Townhouses)

  • Sales: 1 unit (No YoY change)

  • Benchmark Price: $480,800 (+10.7% YoY)

  • Inventory: 2 units (No change YoY)

  • Months of Supply: 2 months

Row homes experienced stable sales and inventory levels, with moderate price growth.

Apartments

  • Sales: 3 units (+200% YoY)

  • Benchmark Price: $417,500 (+8.9% YoY)

  • Inventory: 2 units (+100% YoY)

  • Months of Supply: 0.67 months

Apartment sales saw a sharp increase, supported by higher demand. Prices appreciated as inventory remained relatively low.

Overall Market Performance

  • Total Residential Sales: 11 units (+10% YoY)

  • New Listings: 11 (+10% YoY)

  • Benchmark Price: $703,200 (+7% YoY)

  • Months of Supply: 1.45 months (+220% YoY)

Tuscany’s market showed steady sales growth and price appreciation, though inventory levels increased compared to last year, which could lead to more balanced conditions.


2024 Annual Summary

Market Overview

  • Total Residential Sales: 267 (-6% YoY)

  • New Listings: 318 (-4% YoY)

  • Benchmark Price: $699,608 (+10.9% YoY)

Despite a slight decrease in total sales, Tuscany’s real estate market experienced strong price growth in 2024, particularly for detached homes and townhouses.

Key Trends in 2024

  1. Price Growth Across All Property Types

    • The benchmark price rose nearly 11%, with detached homes seeing the highest appreciation.

  2. Limited Inventory Led to a Competitive Market

    • Low inventory levels kept the market competitive, with homes selling close to the listing price.

  3. Shift in Apartment Demand

    • While apartments had slower activity earlier in the year, demand picked up towards the end of 2024, driving price increases.

  4. Sustained Interest in Townhouses

    • Townhomes remained a preferred option for buyers looking for affordability and space.

Read

Tuscany Real Estate Market Summary – November 2024

Market Trends

Detached Homes

  • Sales: 12 units (-14% YoY)

  • Benchmark Price: $791,100 (+14.4% YoY)

  • Inventory: 14 units (+17% YoY)

  • Months of Supply: 1.18 months

Detached homes in Tuscany remained a popular choice despite a slight decline in sales. The benchmark price rose significantly, indicating strong demand and limited supply.

Semi-Detached Homes

  • Sales: 1 unit (No YoY comparison)

  • Benchmark Price: Not available

  • Inventory: 1 unit

This segment had minimal activity, reflecting a lack of available semi-detached properties in the community.

Row Homes (Townhouses)

  • Sales: 2 units (No change YoY)

  • Benchmark Price: $487,800 (+9% YoY)

  • Inventory: 3 units (+100% YoY)

  • Months of Supply: 1.5 months

Row homes saw stable sales with price appreciation, but the doubling of inventory may create more choices for buyers.

Apartments

  • Sales: 1 unit (-67% YoY)

  • Benchmark Price: $430,400 (+10% YoY)

  • Inventory: 2 units (+100% YoY)

  • Months of Supply: 2 months

The apartment market saw a sharp decline in sales but experienced price appreciation. The increased inventory might help balance supply and demand moving forward.

Overall Market Performance

  • Total Residential Sales: 16 units (-16% YoY)

  • New Listings: 18 (+13% YoY)

  • Benchmark Price: $713,100 (+9% YoY)

  • Months of Supply: 1.25 months

The Tuscany market remains competitive, with price appreciation across most property types despite a decline in total sales. The inventory increase suggests more options for buyers, but the low months of supply indicate a seller’s market.


LRT Transportation

Tuscany is well-served by the Tuscany LRT Station, providing convenient access to downtown Calgary and other parts of the city. The LRT is a major advantage for commuters, making Tuscany a desirable community for professionals and families seeking efficient public transit options.


Schools in Tuscany

Tuscany offers excellent educational options, including:

  • Tuscany School (K-4, CBE) – A public elementary school with strong academic programs.

  • Eric Harvie School (K-4, CBE) – Another elementary option with a focus on community-based learning.

  • Twelve Mile Coulee School (5-9, CBE) – Serving middle school students in Tuscany.

  • St. Basil Catholic School (K-9, CCSD) – A Catholic school option providing K-9 education.

These schools make Tuscany a highly sought-after neighborhood for families with school-aged children.


Community Features

Tuscany is known for its family-friendly environment and excellent amenities, including:

  • Tuscany Club – A private community center with recreation facilities, including a gymnasium, splash park, skating rink, and events.

  • Parks & Green Spaces – The neighborhood features extensive walking trails, playgrounds, and access to natural areas like Twelve Mile Coulee.

  • Shopping & Services – Tuscany Market provides grocery stores, coffee shops, and essential services, while Crowfoot Crossing is a short drive away for additional retail options.

  • Outdoor Recreation – The community is close to the Bow River, Nose Hill Park, and offers easy access to the Rocky Mountains.

Read

Tuscany Real Estate Market Summary - October 2024

Market Highlights:

  • Sales Activity: Tuscany recorded 21 total residential sales, a 5% decrease year-over-year (Y/Y).

  • Price Trends:

    • The benchmark price for all residential property types rose by 7.9% Y/Y, reaching $704,700.

    • Detached homes had a benchmark price of $780,400, a 4.5% Y/Y increase.

    • Row homes saw a benchmark price of $481,700, reflecting a 13.5% Y/Y increase, while apartments reached $438,500, up by 9.4% Y/Y.

  • Inventory Levels: Inventory expanded by 39% Y/Y to 25 active listings, indicating growing options for buyers.

  • New Listings: The community saw 22 new listings, down 24% Y/Y.

  • Months of Supply: Increased to 1.19 months, suggesting the market is still favorable to sellers but slightly more balanced than before.

Community Features:

Tuscany, located in Calgary’s northwest, is a highly desirable neighborhood offering a mix of urban amenities and natural surroundings. Community highlights include:

  • Parks and Outdoor Activities: Tuscany provides residents with access to extensive walking trails, playgrounds, and green spaces, including the Tuscany Club and proximity to Nose Hill Park.

  • Family-Friendly Environment: The neighborhood is known for excellent schools, community programs, and child-friendly infrastructure, making it ideal for families.

  • Convenient Amenities: Shops, restaurants, and services are conveniently located, with easy access to major roads and public transit for commuting.

October 2024 saw Tuscany continue to demonstrate robust demand, particularly in the detached and row home segments. With its vibrant community atmosphere and rising property values, Tuscany remains a top choice for Calgary homebuyers.

Would you like more details on specific property types or comparisons with other neighborhoods?

Read

SOLD: 109 Tuscany Way NW, $435,000

Gracious Home in Tuscany waiting patiently for your beautiful family to move in. This is an awesome location: A short walk to both elementary and middle schools and 2 blocks to the grocery store, pub, the Residents Association amenties and public transportation. Lovely, inviting, 1650+ sq ft home with a charming curb appeal, a traditional floor plan and generously proportioned principle rooms: including an elegant flex room, spacious living room with a fireplace and delightful bright, sunny kitchen and dining area. Ascend to find an ample master suite with a large walk in closet and en suite bath, the main bath and 2 additional bedrooms - one with a peek-a-boo mountain view over the rooftops. The lower level is fully developed. This home boasts 3 and 1/2 baths and a main floor laundry. With great bones, this is a wonderful opportunity to buy a little larger home with great potential at a great price. Get inspired! Add your own personal touches. Update as you go. Create a haven in Tuscany to call home.

Read

SOLD: 223 Tuscany Springs Boulevard NW, $329,900

Welcome to this beautiful Adult living complex! This is not just a beautiful condo but a lifestyle. The amenities and common areas are amazing! You will be impressed with the curb appeal as well and the short walk to the LRT station. Once you enter the buildings you will be greeted with luxurious lobbies to visit in as well as the many other features including, a theater, exercise room, bowling alley, large ballroom with kitchen, games rooms for cards , shuffleboard, pool, hot tub and more, a grand open common area with huge wide open space, unbelievable staircase , kitchen and mountain views, library that can only be really appreciated in person. The building is very active and you can view the many bulletin boards for activities and upcoming events. There are guest suites available , visitor parking, underground parking and storage unit, car wash/vacuum, wineroom for members and a trading post. Take the time to go on a tour of the entire complex to really appreciate the value! Condo has new carpet! This is a very secure building with surveillance cameras and security personnel. I would be happy to meet you at the building to lead you on a tour even with your realtor if they are not familiar with the facility. There is fresh new carpets and new blinds in the living room .

Read

SOLD: 5 Tuscany Ridge Way NW, $446,000

Well maintained 2 storey original owner home with double attached garage, walking distance to new Eric Harvie k-3 Elementary school. The Belvedere by Heartland Homes home has an abundance of curb appeal & is situated on a professionally maintained fully landscaped corner lot. Very open main floor layout allows an abundance of natural light through the many windows & skylight, & is complimented by birch hardwood floors that are in pristine condition. There are plenty of dark textured laminate counter space, full height maple cabinetry & a sizeable dining nook. The curved staircase with upgraded railings lead you upstairs to 3 nice sized bedrooms. Master bedroom has a 4pc ensuite & walk in closet. Book your showing today. Welcome to your new home!

Read
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.